Wednesday, October 02, 2013

Ford Motor Company Buys Technology Start-Up Livio

ST. CLAIR SHORES, Mich. -Working to make your ride as comfortable and easy as possible, Ford Motor Company has bought the technology start-up Livio to make connecting to your car a breeze. The intent behind this purchase is to accelerate the streaming of information into your vehicle and raise the technology standards that currently exist for automakers.

Although Ford Motor Company has bought the technology start-up Livio, it will keep its name as well as its employees. Livio's workforce will work alongside Ford's AppLink engineers to further develop the entertainment technology in Ford vehicles. With their combined knowledge, they hope to be able to produce cars that will seamlessly connect with your smartphone. Ford predicts that 21 million vehicles will have integration systems by 2018, so advancing the current system early will give Ford a head-start on the competition.

Currently, Livio technology allows users to connect their smartphone and its apps to the car radio - with revenue up in the millions, this start-up company is actually very successful. The creators of Livio hope that the name 'Livio' will become more widely known under the Ford brand. All of Livio's customers will continue to be served, despite the new deal with Ford.

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